Corner Retail
For Lease
Contact for pricing
240 State St, Schenectady, NY 12305
Flexible downtown storefront with build-to-suit or vanilla-box delivery options and residential apartments above.
Space Size1,664 SF
Days on Market58
Property Features for 240 State St
General Information
Standard status
Active
Size
1,664 SF
Property subtype
RETAIL
Lease Type
NNN
Site & Location
Corner Location
Yes
Traffic Count
10,500 vehicles/day
Building Details
Tenancy
Multi
Spaces For Lease
at 240 State St Contact us- Size
- 1,664 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
240 State St $12/SF/Mo
Owner is offering 2 months rent free. This property is on highly visible on corner...
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Contact us
Listing Agency:
Coldwell Banker - Prime Properties | Cohoes
(518) 456-8950
Listed By:
Christopher Schmid · License #10401351162
(518) 785-9000
Source:
Moodyscre
Added: Jul 30
Changed: Sep 10
Last Checked: Sep 24 at 9:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker - Prime Properties | Cohoes
Investment Insights
Based on property information with market context.
This 1,664-square-foot retail space occupies the corner of State Street and Erie Boulevard, with 105 apartments located above the commercial area. The premises can be delivered as a build-to-suit or vanilla box, providing flexibility for retail, restaurant, and service-related uses supported by the property information.
The storefront is positioned in downtown Schenectady within walking distance of Union College, Theater Row, and the historic Proctors Theatre. State Street carries an average of 10,500+ AADT, adding vehicle exposure to the corner setting. An aquarium and grocery store are also being developed within walking distance.
The storefront is positioned in downtown Schenectady within walking distance of Union College, Theater Row, and the historic Proctors Theatre. State Street carries an average of 10,500+ AADT, adding vehicle exposure to the corner setting. An aquarium and grocery store are also being developed within walking distance.
Key Highlights
- 1,664 SF retail space at the corner of State St. and Erie Blvd
- 105 apartments situated above the retail space
- Average traffic on State St. exceeds 10,500 AADT
Property Analytics
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Open Analytics
Current Use
Lease Details
10,500 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,014
Businesses Nearby
Explore this area
Business Placement
Demographics for 12305, NY
6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value
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Market
Lease Benchmarks for Schenectady, NY
$13.14 /SF/Yr
Avg Asking Price
$1.6–$35 /SF/Yr
Price Range
20,160 SF
Avg Space Size
This space is priced 9% below the average of $13.14 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible downtown storefront with build-to-suit or vanilla-box delivery options and residential apartments above.
Where is this retail space located?
The property is located at 240 State St Schenectady, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,664 SF retail space at the corner of State St. and Erie Blvd; 105 apartments situated above the retail space; Average traffic on State St. exceeds 10,500 AADT
